New World Announces Resignation of CFO, Appointment of Interim CFO

TSX-V Symbol:  NW
Frankfurt Symbol: NWU

VANCOUVER, May 9, 2018 /CNW/ - New World Resource Corp. ("New World" or the "Company") announces that Tammy Gillis, the Company's Chief Financial Officer, has resigned to pursue other career opportunities. 

The Company has initiated a search for Ms. Gillis' successor.  The Company has appointed Elizabeth Richards to serve as the Company's interim Chief Financial Officer until Ms. Gillis' successor is in place.

Elizabeth Richards was previously an audit Principal at Davidson & Company LLP where she spent over a decade focused on the exploration and development industry. While working as an audit Principal, Elizabeth specialized in reverse takeovers, prospectus and offering documents, merger/acquisition transactions, asset acquisitions and business combinations, and assisting with due diligence requirements. Elizabeth has worked on both Canadian and US listed companies and has accumulated extensive accounting experience working on TSX and TSX Venture listed companies, as well as numerous regional and international private companies. Elizabeth is a member of the Institute of Chartered Professional Accountants of British Columbia.

New World Resources CEO, John Lando commented, "On behalf of the Company, I would like to thank Tammy for her efforts over the years and wish her success in her future endeavors.  I look forward to working with Ms. Richards as interim CFO."

About New World

New World Resource Corp. is a Canadian based exploration company focused on building a strong, diversified project portfolio within the Americas.

NEW WORLD RESOURCE CORP.

John Lando, President

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

SOURCE New World Resource Corp.

For information with respect to the Company or the contents of this news release, please contact John Lando at [phone] or toll free at 1‑800‑663‑0510, email at [email protected], or visit the web site at www.newworldresource.com